Blog Entries tagged 'majority vote'Blog Entries tagged 'majority vote'http://www.cfozone.com
Tue, 31 Mar 2015 19:45:14 +0100FeedCreator 1.7.2Director compensation nearly flathttp://www.cfozone.com/index.php?option=com_myblog&show=Director-compensation-nearly-flat.html&Itemid=713
<p>Is the director gravy train finally slowing down? It sure seems like it.</p> <p>For one thing, Towers Watson&#39;s annual analysis of director compensation at Fortune 500 companies found that 2009 pay packages for directors rose by a mere 1 percent over 2008 levels. </p> <p>That is smaller than the median increase of 3 percent directors received in 2008.</p> <p>The consulting firm points out that prior to the global economic crisis, directors had been steadily receiving annual pay incr [...]stephentaub@yahoo.comTue, 21 Sep 2010 23:00:00 +0100Towers Watsonproxy accessmajority votecompensationCashCareers/Managementbroker votesboard of directorsCongress punts on proxy accesshttp://www.cfozone.com/index.php?option=com_myblog&show=Congress-punts-on-proxy-access.html&Itemid=713
<p>When the going gets tough, Congress punts.</p> <p>That&#39;s what it did with Proxy Access. Although the financial reform bill contains a number of provisions that no doubt irk regulation opponents in general-such as the curbs on proprietary trading and the creation of the consumer protection board-when it came to corporate governance, Congress cowered to the interests of the Business Roundtable and US Chamber of Commerce.</p> <p>There is no majority voting provision for directors even [...]stephentaub@yahoo.comThu, 24 Jun 2010 23:00:00 +0100Sen. Chris DoddSecurities and Exchange CommissionRisk Metricsproxy accessmajority votecomplianceFinancial bill to exclude majority voting provisionhttp://www.cfozone.com/index.php?option=com_myblog&show=Financial-bill-to-exclude-majority-voting-provision.html&Itemid=713
<p>So much for shareholders gaining much more say over the Board of Directors. </p><p>It looks like the financial overhaul bill being hammered out by Senate and House conferees will exclude one critical earlier proposal and include a greatly watered down version of another.</p> <p>According to RiskMetrics, Senator Christopher Dodd, the lead Senate negotiator, said conferees had agreed to drop a provision to require public companies to have a majority voting threshold in uncontested directo [...]stephentaub@yahoo.comThu, 17 Jun 2010 23:00:00 +0100US Chamber of Commerceproxy accessmajority votecompliancechristopher coxBusiness RoundtableSenators want to block majority vote and proxy accesshttp://www.cfozone.com/index.php?option=com_myblog&show=Senators-want-to-block-majority-vote-and-proxy-access.html&Itemid=713
<p>With all the attention being paid to derivatives reform and consumer protection in the financial reform bill, some new amendments seem largely to have slipped under the radar. </p><p>I&#39;m talking about amendments recently introduced by Sen. Thomas Carper (D-Delaware) to remove the proxy access and majority voting provisions from the Restoring American Financial Stability Act. </p><p>For the moment, the act affirms the SEC&#39;s authority to issue a proxy acces rule, although it doesn&#39;t [...]annearf@aol.comTue, 11 May 2010 23:00:00 +0100Sen. Thomas Carperrestoring american financial stability actproxy accessmajority votecompliance